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Russia and Turkey will develop alternatives to the Russian payment system "Mir", Turkish leader Recep Tayyip Erdoğan instructed the ministers today, A Haber TV channel reports. It is reported that Erdoğan will hold discussions …
Since September 23, servicing cards of the Russian system "Mir" has been temporarily suspended in Uzbekistan "for technical reasons", the Uzbek unified banking processing center UZCARD reports. "The Unified …
The unified Uzbek Processing Center Uzcard continues to accept cards of the Mir payment system, including co-badged ones, the Uzcard administration said. "Currently, Mir cards are serviced in banks of Uzbekistan without any …
The largest Turkish Ziraat Bank continues servicing the Russian Mir card, the bank said. "Yes, you can use this card", the bank said, noting that as of Monday morning there were no complaints from the Russian …
Mir, the Russian payment card network, previously reported by the media to have failed in Turkey, continues to function normally, Director General of the National Payment Card System Vladimir Komlev announced on Thursday. "There is …
Cuba will begin accepting Russia's Mir payment cards by the end of the year, Minister of Tourism Juan Carlos Garcia Granda said. "Russian customers will be able to use their Mir cards in Cuba, we will implement this by the end …
The Turkish government is working on a new financial package to support small- and medium-sized enterprises (SMEs) in need of collateral, the country’s Treasury and Finance Ministry said. According to …
A new system of money transfers from Russia to Azerbaijan has been introduced as a result of cooperation between Azerpost LLC under the Ministry of Digital Development and Transport of Azerbaijan and International Bank of Azerbaijan–Moscow …
An escaped bovine spent over an hour rampaging through a Bank Leumi office compound in the central Israeli city of Lod on Monday morning, terrifying workers and passerby before being corralled by its owner. According to Hebrew media …
European banks have joined the U.S. in allowing clients to trade Russian debt once again, the Financial Times reported Wednesday. The report said that UBS, Barclays and Deutsche Bank have all resumed allowing clients to sell their …
Since July 1, the Clearstream International Depository blocked the correspondent account of Rosbank. Now the bank cannot receive income on securities issued outside of Russia, Frank Media writes. The decision was made after the …
The Central Bank of Russia has decided to increase significantly the limit on transferring funds abroad, the regulator said in a statement. As of July 1, individual residents and citizens of friendly countries will be able to …
Russia has scrapped a ban on Russian residents channelling funds they raise in securities trading with non-residents to foreign banks’ accounts, the finance ministry said on Thursday. The decision came into force on June 17, the …
Cards of the Russian payment system "Mir" are accepted by another Turkish bank now - HalkBank, the payment system's official website says. "On the territory of Turkey, you can withdraw cash and pay for purchases …
Sberbank is holding talks with Kazakh Baiterek on the sale of its subsidiary bank in Kazakhstan, Chairperson of the Agency for Regulation and Development of the Financial Market told reporters on Thursday. "Sberbank made the …
VTB plans to maintain its presence in the banking markets of Azerbaijan, Armenia, Belarus, Kazakhstan, China and India, VTB CEO Andrei Kostin told Interfax in an interview. "We are not selling [subsidiary banks] anywhere, with the …
Two giant U.S. banks are withdrawing from handling trades of Russian debt after the Biden administration’s surprise announcement last week it’s banning U.S. investors from scooping up such assets, Bloomberg writes. JPMorgan …
Monetary policy will retain the necessary disinflationary impact to bring inflation back to its target in 2024, the Bank of Russia said in a statement following a meeting of the Board of Directors. "The Bank of Russia’s …
The Central Bank of Russia's board of directors decided at its Friday meeting to lower the key rate 150 basis points to 9.5% from 11%, more than the 100 bps cut that the market expected. "The external environment for the …
The Central Bank of Russia (CBR) is studying the imposition of fees on FX accounts and will take oversight measures in necessary: terms of service for existing customers should not be worsened, the regulator said in a statement. "A …
